A quarter of a million jobs lost in one month

And my daughter’s was one of them.

Payroll processor ADP in its monthly employment report estimated that private businesses shed 250,000 jobs in November on a seasonally adjusted basis. It was the biggest drop in seven years and “offers evidence that the labor market continues to weaken,” ADP said in its monthly payroll survey.

Based on data from nearly 400,000 companies, the report showed employment declines across the board as large, medium and small companies all shed jobs, and employment contracted in all sectors of the economy.

The ADP report sets the stage for the government’s next monthly jobs report, due out Friday. Analysts expect that report to show another spike in unemployment and job losses that may approach or top 300,000.